Goldman Sachs Maintains Buy on Citigroup, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden maintains a Buy rating on Citigroup (NYSE:C) and raises the price target from $55 to $68, indicating a positive outlook on the stock.
March 15, 2024 | 2:37 pm
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Goldman Sachs maintains a Buy rating on Citigroup and raises the price target from $55 to $68, suggesting a strong positive sentiment towards the stock.
The upgrade in price target by a reputable analyst like Richard Ramsden from Goldman Sachs typically signals a strong conviction in the stock's future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100